ii. Raising $50,000 to $500,000 capital from Scale. Typically we will lead early stage rounds with valuations of less than $2m. We will consider joining syndicates for later, larger rounds.

iii. A scalable product with proprietary features or channels to market that provide barriers to entry for competition and a business model with potential to generate $20m revenues in 5 years. If the business is pre revenue, a product roadmap reflecting identified client input.

iv. A commitment to achieving an exit for Scale Angels via a trade sale, MBO or PE exit within 5 years and the potential to realise 10x returns for Scale Angels.